493 Jones AVE, Toronto E01, ON M4J 3G8
493 Jones AVE, Toronto E01, ON M4J 3G8
493 Jones AVE, Toronto E01, ON M4J 3G8
493 Jones AVE, Toronto E01, ON M4J 3G8
493 Jones AVE, Toronto E01, ON M4J 3G8
493 Jones AVE, Toronto E01, ON M4J 3G8
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Tony & Ledi Real Estate Team

Tony & Ledi Real Estate Team

+1(647) 493-3579
$ 875,000
Est. payment | /mo

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$ 875,000
Est. payment | /mo
Save

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Municipality Toronto E01

Subdivision Blake-Jones

MLS Listing ID E13075894

Annual Tax Amount $3,891

Tax Year 2025

Property Sub-Type Investment

Property Description

Exceptional income-producing property in the highly sought-after Jones & Danforth neighbourhood, just steps to Donlands Station. This versatile property features three self-contained units, each with two separate entrances/exits, enhancing privacy, safety, and rental flexibility. Main Floor Unit: Spacious 2-bedroom layout with both front and rear access. The main level also offers commercial/office potential (buyer to verify permitted uses), making it ideal for professional services, live/work arrangements, or additional income opportunities. Upper Unit: Bright and functional 1-bedroom suite with front entrance and rear access via private back deck. Excellent natural light and efficient layout attractive to tenants. Basement Unit: Self-contained 1-bedroom suite with approximately 7-foot ceiling height. Features rear entrance plus interior access from the main level. Situated in a high-demand rental pocket steps to transit, Danforth shops, restaurants, schools, and parks. Strong rental appeal driven by location, layout efficiency, and multiple access points. Laneway parking adds valuable convenience and additional tenant appeal. Ideal for investors seeking stable cash flow with upside potential, or end users looking to occupy one unit while generating income from the others. Projected market rents suggest attractive investor returns. A rare opportunity to secure a flexible, income-generating property in one of Toronto's most vibrant east-end communities.

Location

Province ON

County Toronto

Community Toronto E01

Area Toronto

Zoning Residential Commercial

Interior

Cooling No

Inclusions 3 Fridges, 3 Stoves, 3 Microwaves, 3 Laundry Units

Exterior

Community Features Public Transit, Subways

Utilities Available Yes

Lot Frontage 16.0

Lot Depth 100.0

Others

ParcelsYN No

Listed by KELLER WILLIAMS ADVANTAGE REALTY

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